News, Voices OFN Welcomes 24 New Members in 2021 2021 has been another year of unprecedented support and visibility for CDFIs. Today OFN’s membership has grown to more than 360 members,… December 14, 2021
News CDFI Fund Announces FY 2021 Financial Assistance Awards On December 8, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 265 organizations $180.3 million in… December 10, 2021
News Lawmakers Pass Second Short-Term Funding Bill to Avoid Government Shutdown On December 2, Congress passed a short-term continuing resolution (CR) to maintain fiscal year (FY) 2021 spending levels through February 18, 2022…. December 7, 2021
News Rep. Velázquez and Sen. Menendez Introduce Bicameral Bill to Stop Predatory Small Business Loans On November 18, Rep. Nydia M. Velázquez, the Chairwoman of the House Small Business Committee, and Senator Robert Menendez (D-NJ) introduced the… November 18, 2021
News Record Breaking Funding for CDFI Priorities Included in Historic Build Back Better Bill Updated 11/19/2021 After months of negotiation, the House of Representatives passed their Build Back Better infrastructure bill on November 19. The House approved the… November 9, 2021
News FDIC Creates New Office of Minority and Community Development Banking to Support Mission-Driven Banks On November 2, Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams announced the creation of a new office to support the agency’s… November 4, 2021
News Five CDFI Industry Leaders Elected to OFN Board of Directors On October 21 at the annual OFN Membership Meeting during the 2021 OFN Virtual Conference, member CDFIs placed their votes for five open seats on OFN’s… November 4, 2021